Is a Credit Freeze for You?

To freeze or not to freeze? It’s a common question, particularly after reports of yet another breach of payment card data like those at Home Depot, Kmart and Dairy Queen. The answer: Probably yes — but not because of those kinds of breaches. Certainly a credit freeze (also known as a security freeze) is a great way to proactively prevent identity theft and is advised for past victims of this crime who are likely to be targeted again. But it’s not foolproof and, …

Hackers Go Upscale, Infiltrate Neiman Marcus Accounts

Hackers have gone from low-end to high-end retail, as luxury merchant Neiman Marcus became the latest to announce that it’s a victim of a data breach. This comes on the heels of a disclosure last month by Minneapolis-based discounter Target, which reported hackers gained access to payment card data on about 40 million credit and debit accounts between Nov. 27 and Dec. 15.  On Friday, Target updated its breach investigation, saying the names, mailing addresses, email addresses and phone numbers …